Particle.news
Download on the App Store

India and EU Push to Finalize Trade Pact Before Jan. 27 Summit

Officials say 20 of 24 chapters are closed, leaving CBAM plus market‑access questions to settle.

Overview

  • Commerce Secretary Rajesh Agrawal says negotiators are working daily to complete the text in time for leaders to consider an announcement at the summit.
  • Key sticking points include the EU’s Carbon Border Adjustment Mechanism and market access in industrial sectors such as steel and automobiles.
  • Sensitive agricultural items from both sides, including dairy, have been kept outside the agreement, according to officials.
  • European Commission President Ursula von der Leyen and European Council President António Costa will be Republic Day chief guests and will co‑chair the Jan. 27 IndiaEU Summit.
  • Piyush Goyal calls the pact the “mother of all deals,” as parallel security and information‑sharing accords are expected to be readied alongside the trade talks.